by VeloCap Media | Oct 5, 2012 | Law Updates, LU12
Document: Louisiana Municipal Police Employees’ Retirement Sys. v. Lennar Corp., C.A. No. 7314-VCG (Del. Ch. Oct. 5, 2012) The Delaware Court of Chancery found that media reports of an industry-wide, federal investigation of potential unfair labor practices by...
by VeloCap Media | Sep 28, 2012 | Law Updates, LU12
Document: Shocking Technologies, Inc. v. Michael, C.A. No. 7164-VCN (Del. Ch. Sept. 28, 2012) The Delaware Court of Chancery found that a director and stockholder of a Delaware corporation breached his duty of loyalty to the corporation by interfering with the...
by VeloCap Media | Sep 28, 2012 | Law Updates, LU13
Document: Greenmont Capital Partners I, LP v. Mary’s Gone Crackers, Inc., C.A. No. 7265-VCP (Del. Ch. Sept. 28, 2012) The Delaware Court of Chancery dismissed a claim that sought to unwind the conversion of plaintiff’s preferred stock into common stock,...
by VeloCap Media | Sep 25, 2012 | Law Updates, LU12
Document: South v. Baker, C.A. No. 7294-VCL (Del. Ch. Sept. 25, 2012) The Delaware Court of Chancery dismissed a complaint alleging that the board of directors of Hecla Mining Company (“Hecla”) knowingly caused the corporation to violate federal safety...
by VeloCap Media | Aug 31, 2012 | Law Updates, LU12
Document: Impact Investments Colorado II, LLC and Baker Investment Trust v. Impact Holding, Inc., C.A. No. 4323-VCP (Del. Ch. Aug. 31, 2012) The Delaware Court of Chancery held that the terms of a stock purchase agreement precluded the buyer of a candy manufacturing...
by VeloCap Media | Aug 31, 2012 | Law Updates, LU12
Document: In re Encore Energy Partners LP Unitholder Litig., C.A. No. 6347-VCP (Del. Ch. Aug. 31, 2012) The Delaware Court of Chancery granted defendants’ motion to dismiss plaintiffs’ claims that the general partner of a master limited partnership,...